For immediate release
1 May 2024
Ithaca Energy plc (the "Company")
PDMR and PCA Notification
Ithaca Energy plc (LSE: ITH) announces that it was notified on 30th April that DKL Energy Limited (on behalf of Delek Group Limited ("DGL")) has released of 200,000,000 ordinary shares previously subject to a share pledge. DGL is, a person closely associated with two PDMRs, Mr Idan Wallace and Mr Ithshak Tshuva, both Non-Executive Directors of the Company
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the Market Abuse Regulation.
| 1. | Details of PDMR / PCA | |||||
| (a) | Name | DKL Energy Limited | ||||
| (b) | Position / status | DKL Energy Limited PDMR Idan Wallace PDMR Itshak Tshuva | ||||
| (c) | Initial notification / amendment | Initial notification | ||||
| 2. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| (a) | Description of the financial instrument | Ordinary Shares | ||||
| (b) | Nature of the transaction | Release of pledge over ordinary shares No change in the beneficial owner of the shares. | ||||
| (c) | Price(s) and volume(s) |
| ||||
| (d) | Aggregated information | Not relevant (single transaction) | ||||
| | - Aggregated volume - Price | 200,000,000 N/A | ||||
| (e) | Date of the transaction | 30.4.2024 | ||||
| (f) | Place of the transaction | Outside of trading venue | ||||
Enquiries
Ithaca Energy
Kathryn Reid - Head of Investor Relations, Corporate Affairs & Communications - kathryn.reid@ithacaenergy.com
FTI Consulting (PR Advisers to Ithaca Energy)
Ben Brewerton / Nick Hennis - +44 (0)203 727 1000 or ithaca@fticonsulting.com
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